Oracle Surges 11% To New 52 Week High; Thoughts on Oracle

Oracle Surges 11% To New 52 Week High; Thoughts on Oracle

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Oracle (nasdaq: ORCL) surged more than 11% to a new 52-week high on Wednesday backed by strong first quarter earnings and underscoring the strength of the company’s decision to grow by acquisition.

Oracle spent about $20 billion to buy PeopleSoft in 2005 and Siebel Systems this year, solidifying its place in the market for corporate [...]

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